Session trade for the next 1 day (15m timeframe)Hi, I'm quite new to this market.
Learnt a quick strategy, session trading.
learnt this from a guy called ben. great name btw, and hes not a bad trader himself.
anyway, the highs and the lows have been maketd out in the chart, make sure you see the proper stop loss.
anything i say or do is not a good idea.
just, think about it.
dont, yk, instantly go for this idea, DYOR mofos
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Nshit
Apple set to meet support near 155Looks like the Apple met with long term resistance. Just zoom out the chart and you will see that the yellow line represents a trend of high levels reached during this bull market, starting from 2009.
Initially, I expected that the earnings beat would push through the resistance, and got that wrong.. The stock price bounced off it and formed a descending channel pattern during this retracing week. (Well.. it was time to feed the bears. They look rather skinny. :D)
So.. the idea is about the next notable support level. As you can see we got various support levels meeting at 155.
Zoom out, take a look, where they come from and feel free to ask questions.
Yours sincerely,
Y
P.S. I will mark the idea as neutral because it is bearish initially, but afterwards we will see in updates what will happen in regards to the 155 mark.